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Nov 23, 2012
11/12
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? gerri: is officially the holiday shopping season, so where are you finding a better deal? in store or on line? this is what you are posting on my facebook page. fighting the croats traffic and crowds takes its toll. i prefer the comfort of my home to have a huge variety of goods at my fingertips. bernadette's says what is better than getting a great price with free shipping and you didn't have to leave your easy chair? i can relate to that. we ask on gerri willis.com, 90% said a story, 81% said online. steve wright's the reality is we no longer depend on true american patriots to overcome the masses of those who will want to h
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? gerri: is officially the holiday shopping season, so where are you finding a better...
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Nov 24, 2012
11/12
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that dn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more andhe answer to the question of the day, where are you find a better deal? in store or on line? ♪ ♪ [ engi revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. means the world to me. and one of the most important things any parent can do is make sure their kids get active at least 60 minutes each day. studies show that physical activity not only helps kids stay healthy, it can enhance important skills, like concenttion and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life. gerri: is officially the holiday shopping sea
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that dn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more andhe answer to the question of the day, where are you find a better deal? in store or on line? ♪ ♪ [ engi revs ] ♪ [ male announcer ] oh what fun it is to ride. get the...
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Nov 25, 2012
11/12
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objecves, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? twins. i didn't see them coming. i have obligations. cute obligations, but...
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Dec 13, 2012
12/12
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. >> someone in dc is focussed on job, fed chairman ben bernanke pledging more easy money to cut the unemployment rate. what does the economy look like in the new year, wells fargo chief economist, john silvio next. lou: chairman ben bernanke made a historic move sitting unemployment rate as a target for monetary policy. we'll be taking that up, talking with wells fargo chief economist john silv sylvia in moments, and announcing they will spend -- a month buying mortgage-backed security. what the market expected and stocks rallied a bit on the announcement, a little. then ben bernanke talked about the fiscal cliff that ended that rally, stocks coming off their highs, index, swung 102 points over second, and s&p finished where it began, nascar -- nazdaq down over 8 points, and trading on big board, busiest in the week, walmart a big mover, dropping retailer part of an overall weak group, best answer, profit taking with the sell-off walmart up, 18 -- almost 19ers in on the year, 10 year, yield rising to 1.69%, and crude market, up, joining me now, wells fargo chief economist, john silv
. >> someone in dc is focussed on job, fed chairman ben bernanke pledging more easy money to cut the unemployment rate. what does the economy look like in the new year, wells fargo chief economist, john silvio next. lou: chairman ben bernanke made a historic move sitting unemployment rate as a target for monetary policy. we'll be taking that up, talking with wells fargo chief economist john silv sylvia in moments, and announcing they will spend -- a month buying mortgage-backed security....
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Dec 12, 2012
12/12
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what would you like to ask the ben bernanke? melissa: with the tenure and the 30 year as we head to break. you can see the yield rising on a ten year by 3 basis points. we will be right back. to work h. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >> i am adam shapiro. stocks are getting a boost after the federal reserve announced plans to ramp up stimulus to the u.s. economy. the dow was up 70 points. avon is cutting 1500 jobs from its global work force. the company will also leave south corey and vietnam. the moves are part of a turnaround plan as it is working to eliminate hundreds of millions of dollars in costs over the next few years. honda is going to recall 800,000 minivans and suvs nationwide because th
what would you like to ask the ben bernanke? melissa: with the tenure and the 30 year as we head to break. you can see the yield rising on a ten year by 3 basis points. we will be right back. to work h. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial...
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Dec 13, 2012
12/12
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that is really the key he question because at some point even ben bernanke suggested this will not go on forever. there will be a time where they back out of this $4 trillion of portfolio that they will have built up over the next year. how do they back out? >> well, for most investors what they have to be concerned with, what happens on the day the fed says, hey we're going to exit the market, we'll start selling 40 billion or 45 billion of treasurys each month? well, everybody is on the wrong side of the boat. everybody is long treasurys. now you're going to sell the treasurys. everybody has to rush to the other side of the boat and we see, again, a real risk that interest rates will rise very quickly when the fed makes that announcement. it will be a very difficult situation to quote, exit with the huge balance sheet like that from the fed where they're the dominant supplier now. david: not just the fed. central banks all over the world. >> that's right. david: a very dangerous experiment we're right in the middle of now. books will be written about this. let's hope it ends up well
that is really the key he question because at some point even ben bernanke suggested this will not go on forever. there will be a time where they back out of this $4 trillion of portfolio that they will have built up over the next year. how do they back out? >> well, for most investors what they have to be concerned with, what happens on the day the fed says, hey we're going to exit the market, we'll start selling 40 billion or 45 billion of treasurys each month? well, everybody is on the...
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Dec 12, 2012
12/12
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if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much there same reason constance said, mortgage-backed securities. treasury rates are low and housing is where you get the multiplier effect in this economy. if you get more housing sales whether it is new or existing homes you will see more transportation of raw materials. >> the fed watches a new round of bond buying. a new bond buying program, a new round of quantitative easing as expected. $45 billion a month in treasury
if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be...
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Nov 23, 2012
11/12
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day,here are you find a better deal? in store or on line? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. gerri: is officially the holiday shopping season, so where are you finding a better deal? in store or on line? this is what you are posting on my facebook page. fiting the croats traffic and crowds takes its toll. i prefer the comfort of my home to have a huge variety of goods at my fingertips. bernadette's says what is
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day,here are you find a better deal? in store or on line? can i help you? i heard you guys can ship ground for less than the ups store. that's...
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Dec 20, 2012
12/12
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ben bernanke made some pretty dire predictions. >> there are a great many of us not prepared to do that and don't want to see that happen. but at the end of the day this has come down to a fight between the speaker and members of his conference. >> sir, i have to -- sir, the house speaker is approaching the podium. let's listen in. >> undercurrent law tax rates will go up on all taxpayers beginning january 1st unless con a gres acts and the president will sign the bill. today we will vote to protect as many american families as small businesses as possible from the tax hikes that are already scheduled to occur. the president has called on the house again and again to pass a bill to protect 98% from the american people from a tax hike. today we are going to do better than that. our bill will protect 99.81% of the american people from an increase in taxes. its permanent tax relief for individuals. permanent attack on the minimum tax. m a higher child tax credit and dividends rates we see today. all in all, the nonpartisan joint committee on taxation says the bill represent a $3.9 trillion
ben bernanke made some pretty dire predictions. >> there are a great many of us not prepared to do that and don't want to see that happen. but at the end of the day this has come down to a fight between the speaker and members of his conference. >> sir, i have to -- sir, the house speaker is approaching the podium. let's listen in. >> undercurrent law tax rates will go up on all taxpayers beginning january 1st unless con a gres acts and the president will sign the bill. today...
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Nov 25, 2012
11/12
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of e day, where are you find a better deal? in store or on line? ♪ remember when ♪ ♪ the sound of little feet was music ♪ ♪ we danced to week to week ♪ brought back the love ♪ we found trust ♪ vowed we'd never give it up ♪ ♪ remember when ♪ ♪ remember when ♪ we said when we turned gray ♪ ♪ when the children ♪ grow up and move away ♪ we won't be sad ♪ we'll be glad ♪ for all the life we've had ♪ remember when gerri: is officially the holiday shopping season, so where are you finding a better deal? in store or on line? this is what you are posting on my facebook page. fighting the croats traffic and crowds takes its toll. i prefer the comfort of my home t
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of e day, where are you find a better deal? in store or on line? ♪ remember when ♪ ♪ the sound of little feet was music ♪ ♪ we danced to...
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Nov 26, 2012
11/12
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eye 92
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that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant i look up to a lot of the older heads, you know, the innovators, the heads of the art movements of the past. they kept it really edgy, and, like, a lot of the latin american muralists and the latin
that is where ben bernanke's ideas were misplaced. you will look back in history and see that was something that didn't work out. gerri: he is a historian. you would think he could figure it out. thanks for coming on tonight. a pleasure having you on the show. come back soon. we will be right back with my $0.02 more and the answer to the question of the day, where are you find a better deal? in store or on line? can i help you? i heard you guys can ship ground for less than the ups store....
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Feb 29, 2012
02/12
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. >> before the house financial commit services committee, chairman ben bernanke talking about the job market and the overall u.s. economy and stocks closing in the red today as ben bernanke dashing hopes for further monetary stimulus during his speech and testimony before congress, and ben bernanke did say that the job market was far from normal as part of the semiannual monetary report. we will have more in a moment. >>> in an apparent breakthrough in a long stalled negotiations north korea has agreed to sustain the uranium enrichment and long missile range program as announced simultaneously in washington and pyongyang, and this is increasing tensions with kim jong-un, and also create more food assistance for northern korea and also when years of north korea went unmonitored and hillary clinton called it a modest first step. >>> here on capitol hill, john boehner making a rare appearance on the senate floor, urging a bill to be passed to re-establish water access for california farmers and residents that had been previously blocked by the white house. and today, the president sit do
. >> before the house financial commit services committee, chairman ben bernanke talking about the job market and the overall u.s. economy and stocks closing in the red today as ben bernanke dashing hopes for further monetary stimulus during his speech and testimony before congress, and ben bernanke did say that the job market was far from normal as part of the semiannual monetary report. we will have more in a moment. >>> in an apparent breakthrough in a long stalled...
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Dec 13, 2012
12/12
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ben bernanke celebrating his 59th birthday today. we want to know, what do you think bernanke will be wishing for when he blows out his birthday candles which, of course, is what you do if you're on the board of the fomc? tweet us, @squawkstreet. we'll read some of your answers next. sors. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you
ben bernanke celebrating his 59th birthday today. we want to know, what do you think bernanke will be wishing for when he blows out his birthday candles which, of course, is what you do if you're on the board of the fomc? tweet us, @squawkstreet. we'll read some of your answers next. sors. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick...
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Nov 18, 2012
11/12
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do you have that a more thoughts of the job ben bernanke has been doing? guest: he's got a tough job. they went through an enormous crisis of historic proportions and has been working diligently to try to do the things that he thing needs to be done. i don't know if he will want to continue on in another term. most of our members feel very positively about chairman bernanke. >> i want to ask you about the debate surrounding dodd-frank. republicans insist that labeling banks as too big to fail from your perspective. , do your members think that too big to fail is good? guest: that is a concept that is problematic. we don't want institutions that can take down our economy social week -- so we should be in favor of making sure mechanisms are in place to address that. i was in new york this last week and listen to a representative from the new york federal reserve. he said we should give these rules a chance to be tested. if more dramatic measures have not proven themselves to solve anything, we might embrace these rules. we could have a living will for financ
do you have that a more thoughts of the job ben bernanke has been doing? guest: he's got a tough job. they went through an enormous crisis of historic proportions and has been working diligently to try to do the things that he thing needs to be done. i don't know if he will want to continue on in another term. most of our members feel very positively about chairman bernanke. >> i want to ask you about the debate surrounding dodd-frank. republicans insist that labeling banks as too big to...
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Nov 21, 2012
11/12
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gerri: fed chief ben bernanke gettingiving a big speech in ne gerri: federal reserve chairman ben bernanke speaking today at the new york economic club in new york city, and his message to lawwakers in washington, fix the fiscal cliff and don't kick the can down the road. the commons the fed chief has everybody talking. john, always great to see you. i want you to respond to something the fed chairman had to say this afternoon. listen to this. >>n a worst-case scenario where the economy goes off the broad fiscal cliff, the largest fiscal cliff, don't think the fed has the tools to offset that. gerri: don't look at me, can do anything if you can't avoid the fiscal cliff. what did you make of that? speak of the war is quite complicit dumb explicit. if the u.s. goes over the fiscal cliff, the jump in taxes woul likely quickly push the u.s. economy into a recession and there is nothing the fed cado to prevent that from happening. gei: it seems to have unloaded everytng they have, the economy has to come back on its own now. >> they can do with the bank of japan is now supposedly considering, r
gerri: fed chief ben bernanke gettingiving a big speech in ne gerri: federal reserve chairman ben bernanke speaking today at the new york economic club in new york city, and his message to lawwakers in washington, fix the fiscal cliff and don't kick the can down the road. the commons the fed chief has everybody talking. john, always great to see you. i want you to respond to something the fed chairman had to say this afternoon. listen to this. >>n a worst-case scenario where the economy...
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Nov 29, 2012
11/12
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bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you have to believe that. liz: the journal says qe 4 is coming. he is coming up in a minute because he got a big scoop yesterday on q e 4. great to have you on the program. the dow 14,000, you are obviously the bull, what would get us there and in what period of time? >> nice to be on with you. i think when we look at the technicals here we are seeing a strong landscape of many individual stocks representing broad diverse leadership. this would not say if the expectations were for a fault of of the fiscal cl
bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are...
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Dec 13, 2012
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. >> ben bernanke's latest move to stimulate the economy, is it actually hurting things? steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now
. >> ben bernanke's latest move to stimulate the economy, is it actually hurting things? steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that....
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Dec 12, 2012
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>> ben bernanke address that in his report. none of these numeric thresholds are an absolute trigger. he said if we get below 6.5% but inflation is still low, they may think raising rates could still be inappropriate for he was very clear the fed still have a lot of wiggle room but at least you don't have to worry about raising interest rates until we get those markers. liz: what was your second biggest surprise? >> the shift in the threshold was a little bit of a surprise. is that what you're referring to? it is a little bit of inside baseball, if you will. they did kind of shorts and a maturity of the treacheries they are buying. only marginally, but it spooked the long end of the market. liz: it did. >> they have been buying a lot of support out for 30-year maturities, just about the only buyers of that sector anymore and the fact the fed will be buying only a small amount less. to some extent unsettled the market, so that's a very long end of the market we saw a little upward pressure on yields. it is mostly 30s. for most o
>> ben bernanke address that in his report. none of these numeric thresholds are an absolute trigger. he said if we get below 6.5% but inflation is still low, they may think raising rates could still be inappropriate for he was very clear the fed still have a lot of wiggle room but at least you don't have to worry about raising interest rates until we get those markers. liz: what was your second biggest surprise? >> the shift in the threshold was a little bit of a surprise. is that...
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Nov 20, 2012
11/12
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ben bernanke has strong words for lawmakers and the president fixing the fiscal cliff now or else. details next. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zerheartbur gerri: fed chief ben bernanke gettingiving a big speech in new york city, but it is what he said after the speech getting all the attention. next. gerri: federal reserve chairman ben bernanke speaking today at the new york economic club in new york city, and his message to lawwakers in washington, fix the fiscal cliff and don't kick the can down the road. the commons the fed chief has everybody talking. john, always great to see you. i want you
ben bernanke has strong words for lawmakers and the president fixing the fiscal cliff now or else. details next. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day...
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Dec 12, 2012
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here with details, fox business' peter barnes, you were in that meeting with chairman ben bernanke, did you not want to scream? >> i am a fed head from way back, this was really the most remarkable thing, i have ever covered. we were expecting the fed to do this latest round of quantitative easing, and more bond buying, you know qe4 -- ever is the big choke in town. but a new change, a new roll see, that is the economy does x the fed will do y, in this case the fed said it will keep interest rates low for car loans, and mortgages and business loans until, at least until unemployment hits 6.5%, that is the first time that we've seen the fed do this kind of thing in its hundred year history. >> he did couch it a little, my decision was. well what if we get that 6.5%. >> that right, labor force participation rate, how many people who go into the labor force, and actually look for a job verse those who drop out, he addressed that, he said this is a guideline, we're not going to make this hard and fast. we'll look at other things like, payroll hours, and pay and wages, and the number of peop
here with details, fox business' peter barnes, you were in that meeting with chairman ben bernanke, did you not want to scream? >> i am a fed head from way back, this was really the most remarkable thing, i have ever covered. we were expecting the fed to do this latest round of quantitative easing, and more bond buying, you know qe4 -- ever is the big choke in town. but a new change, a new roll see, that is the economy does x the fed will do y, in this case the fed said it will keep...
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Nov 20, 2012
11/12
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. , ben bernanke falo , ben bernanke falling in further c, bryl casone, have no say. dagen: j. p. morgan was in dinpo imus and called i j [talking over each other] -- is not funny now. h cheryl: i am cheryl casone. ben bernanke's latestp.ss ksment fiscal cliff speaking ing.tta, o we expected to begin in 15 minuing pay li. to do for the markets and t afford to miss. cheryl: i, mgar -pshkardtaak3 release. lateskiing.leils on shrnalu t3o oivisions that resulted in releasing its albums on iitungs. hour, stocks every 15 minutes, veralo markets are flat despite the hp industrials are in positive the nasdaq and s&p gradualoypfo strength. keep your eyes open. we were up 27 points. that until the all -- i, sidylso rallav the s. at the tech had $8.8 billion. dennis: thank you. taopfo cf1 o that had a ben bernanke's na f, m i ainuing isi to his colleague's calls to rein an rein in the fed? rein in the fed? >> i don'tp.n impartial and not fooled by a dennis: ben bernanke is ch3gtao cf1e n do the twist ball is there anything ben bernanke %an clyl, enning.tmc% ce canetty clyl. numbers in the la
. , ben bernanke falo , ben bernanke falling in further c, bryl casone, have no say. dagen: j. p. morgan was in dinpo imus and called i j [talking over each other] -- is not funny now. h cheryl: i am cheryl casone. ben bernanke's latestp.ss ksment fiscal cliff speaking ing.tta, o we expected to begin in 15 minuing pay li. to do for the markets and t afford to miss. cheryl: i, mgar -pshkardtaak3 release. lateskiing.leils on shrnalu t3o oivisions that resulted in releasing its albums on iitungs....
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Feb 29, 2012
02/12
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ben bernanke telling the house committee on financial services the recent rise on oil prices hasn't affected how the fed view it is economy which involves expansion of 2.2 to 2.7% this year, about the same as last year. we'll begin with how the testimony unfolded. congressman ron paul among those with tough questions. up next is nan hayworth questioning the fed chair about managing debt and economic growth. >> you have many, many times including here today pointed out how important it is to have federal policy that reflects the impending crisis that we face in terms of managing the debt and how that weighs on economic grow growth. do you ever feel as though you are talking past your administration and congress that, you know, we are talking past each other and somehow -- you know, how can we make your message resonate? people like me are sympathetic to it, obviously. >> well, these criticisms are easy for me to make. i don't have to deal with the politics. i know they are very difficult. it's hard to explain to people why you have to tight your belt one way or another. i think on the one han
ben bernanke telling the house committee on financial services the recent rise on oil prices hasn't affected how the fed view it is economy which involves expansion of 2.2 to 2.7% this year, about the same as last year. we'll begin with how the testimony unfolded. congressman ron paul among those with tough questions. up next is nan hayworth questioning the fed chair about managing debt and economic growth. >> you have many, many times including here today pointed out how important it is...
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Nov 30, 2012
11/12
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FBC
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cheryl: you say ben bernanke is the only adult in the room. look at the polling of congress it makes sense. they are acting like children according to recent polls. >> ben bernanke pull those out of the worst downturn since 1930 and raised the spigot so money is flowing out to raise taxes or cut spending is inconsistent with low interest rate policies he has gotten going and people say when should we address the deficit? same question as when should ben bernanke start raising interest rates. he told us there is 2014, inflation is not a problem. you don't see it. is that this a problem? why is the ten year treasury just one.6%? whar the bond vigilante's? no one worries about the deficit right now. they're worried about a slow-growth economy. cheryl: using markets have already priced in the fiscal cliff arguments but why do we see markets get so volatile when john boehner comes out, are almost afraid to see him talk again today because senator reid comes out and down and up. so much reaction. >> you can't rule out the risk that nothing is done a
cheryl: you say ben bernanke is the only adult in the room. look at the polling of congress it makes sense. they are acting like children according to recent polls. >> ben bernanke pull those out of the worst downturn since 1930 and raised the spigot so money is flowing out to raise taxes or cut spending is inconsistent with low interest rate policies he has gotten going and people say when should we address the deficit? same question as when should ben bernanke start raising interest...
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Jun 8, 2012
06/12
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MSNBCW
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i have no compunction about that. >> we move on to business now, where fed chairman ben bernanke says the federal reserve is prepared to take action if needed to protect the u.s. economy. but for now, there are no concrete plans to do so. response to the dismal may jobs report, and the growing economic crisis in europe, mr. bernanke told leaders of congress yesterday the fed is still trying to determine whether or not dirk steps are necessary to bolster economic growth from his group. bernanke did warn congress about the looming fiscal cliff of automatic spending cuts and those expiring bush tax cuts. >> the potential expiration of the so-called bush tax cuts of 2001-2003 tax cuts is the single biggest item in the fiscal cliff. i'm not necessarily saying that the right thing to do is to extend those cuts. it could be there are other steps you could take that would have a similar impact. but, that is the single biggest component of the so-called cliff. >> taking an early look at the markets as we get all up in your business. cnbc's karen tso is live in london for us. karen, good mornin
i have no compunction about that. >> we move on to business now, where fed chairman ben bernanke says the federal reserve is prepared to take action if needed to protect the u.s. economy. but for now, there are no concrete plans to do so. response to the dismal may jobs report, and the growing economic crisis in europe, mr. bernanke told leaders of congress yesterday the fed is still trying to determine whether or not dirk steps are necessary to bolster economic growth from his group....
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Dec 6, 2012
12/12
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MSNBCW
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bernanke and timothy geithner, the combination of the team that had saved the world from utter financial collapse. and that's what they knew they needed. and john mccain, on the other hand, was running around like a headless chicken, and they were scared, they were petrified he would become president, especially with his vice presidential candidate. so they voted in their self-interest, because they knew that the system needed to be saved. now that the system is saved is, they just want to pay less taxes. >> that gets to this question of narrow self-interest versus broad self-interest. in the case of adelson, this is really important for people to understand. when you're talking these marginal races, this is tens of millions, hundreds of millions of dollars for people. there's a ton of money on the table. >> if you're earning $400,000 a year, you're still paying less than top marginal rates. it's only2the last bit. if you're sheldon adelson, you're paying the marginal rates on basically everything. >> basically everything. but there's also the sense in which the self-interest is very nar
bernanke and timothy geithner, the combination of the team that had saved the world from utter financial collapse. and that's what they knew they needed. and john mccain, on the other hand, was running around like a headless chicken, and they were scared, they were petrified he would become president, especially with his vice presidential candidate. so they voted in their self-interest, because they knew that the system needed to be saved. now that the system is saved is, they just want to pay...
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Nov 21, 2012
11/12
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FBC
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ben bernanke downbeat about the economy in his apprance before the economic hub of new york. the fed chair cautioning their recent inancial crisis has lowered the rate at which the economy can and will grow. a loss of skills and productivity. he's talking about under normal. >> these factors may have pushed up to some degree the so-called natural rate of unemployment. the rate of unemployment can be sustained under normal conditions andeduced labor force participation as well. lou: turning me now, wall street legend, chairman of the army institute. great to have you here. >> good to be year. lou: does not quite rise to the level of irrational and exuberance, but i have the feeling we just witnessed a fed chairman say something that is going to be brought to -- right up next to his name every time he speaks from here o. >> laying the groundwork for putting the blame on congress. if things go wrong, just as he and greenspan before and ignored the causes of the bubble and the recession collapse, which occurred as a result of the raising interest rates very abruptly in 2005 and s
ben bernanke downbeat about the economy in his apprance before the economic hub of new york. the fed chair cautioning their recent inancial crisis has lowered the rate at which the economy can and will grow. a loss of skills and productivity. he's talking about under normal. >> these factors may have pushed up to some degree the so-called natural rate of unemployment. the rate of unemployment can be sustained under normal conditions andeduced labor force participation as well. lou:...
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Nov 20, 2012
11/12
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CNBC
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all right, steve, we have got the ben bernanke stuff. i want to get to that. lacher's comments not getting a lot of attention on a very heavy market day. what do you make of them? a little of this going on at the federal veer? i pound my fists together? >> we know this going on at the federal reserves to use your exact metaphor there, brian. what is interesting and perhaps up precedented about this is a fed official going outside the fed to try to went argument. let me go back and give you the tale of the tape here. lacher has been an opponent of what the fed has been doing, quantitative easing, many years now you warned about folks inflation, it has not come to parks he has not suede the board to stop doing quantitative easing. and now to suggest that maybe what we need to do is have congress put limits on fed purchasing is a fed official going outside the confines of the board to ask for help making policy. this is undprentsd. it essentially toys with the fed's independence, if i understand jeff lacher correctly, because one of the things the federal reserve
all right, steve, we have got the ben bernanke stuff. i want to get to that. lacher's comments not getting a lot of attention on a very heavy market day. what do you make of them? a little of this going on at the federal veer? i pound my fists together? >> we know this going on at the federal reserves to use your exact metaphor there, brian. what is interesting and perhaps up precedented about this is a fed official going outside the fed to try to went argument. let me go back and give...
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Sep 12, 2012
09/12
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FBC
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ben bernanke is worried about two things. we are growing too slowly and there is no sustained improvement in the labor market. hubert referred to the labor market in his recent speech at jackson hole, wyoming, as very grave. that's a pretty strong word for it federal reserve chairman. the fed can't do much more. it is all in the hands of the white house and congress with regard to this school clip. the only way to get real growth to get businesses clarity on the fiscal side. how much our taxes going up and are they going up at all. how much it's spending going to be cut in and what is the regulatory picture. what are medical costs for businesses and business employees. all of that is really the key to whether or not we can get growth. not so much whether the fed does qe-3 or not as i expect them to do. >> are we going to see inflation go through the roof? >> are certainly a downside in the sense that the fed has been artificially pushing rates down and artificially pushing stock prices up. when they stop do not come, when the
ben bernanke is worried about two things. we are growing too slowly and there is no sustained improvement in the labor market. hubert referred to the labor market in his recent speech at jackson hole, wyoming, as very grave. that's a pretty strong word for it federal reserve chairman. the fed can't do much more. it is all in the hands of the white house and congress with regard to this school clip. the only way to get real growth to get businesses clarity on the fiscal side. how much our taxes...
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Dec 12, 2012
12/12
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CNBC
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ben bernanke will kind of be our special guest. i hear that randolph and mortimer duke are buyers, not sellers. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated
ben bernanke will kind of be our special guest. i hear that randolph and mortimer duke are buyers, not sellers. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings...
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Dec 12, 2012
12/12
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and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program, operation twist, is set to expire at the end of the month. cnbc will begin at 12:00 p.m. eastern. >>> joining us is stewart richardson, partner at rpmg. the press conference -- we'll hear a fresh round of stimulus from the fed. how significant would that be? >> in my mind it's not that significant. i think as optics, people think this is another addition to the stimulus. the fact is that the fed for months and months and months when they go out to purchase longer term treasuries, they're trying to reduce the supply of those in the market and effectively swap short dated cash or other securities. north about 1.25%. whether they're holding reserves or selling the, say, two-year treasury at north of 2 5 basis points, it's effectively the same thing. they're printing 85 million a month and saying we're not doing a twist, we're doing an outright purchase. >> it's different if twist doesn't expand the balan
and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program, operation twist, is set to expire at the end of the month. cnbc will begin at 12:00 p.m. eastern. >>> joining us is stewart richardson, partner at rpmg. the press conference -- we'll hear a fresh round of stimulus from the fed. how significant would that be? >> in my mind it's not that significant. i think as optics, people think this is another...
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Dec 13, 2012
12/12
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CNBC
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boy, i would think the fed and ben bernanke are rooting hard for that one. we saw how the market is moving on every single development out of washington, with stocks quickly coming off of their session lows today, just on the report that the two main players would finally get in the same room, look at each other eye to eye and talk this out. even with the fed's latest contortions yesterday, it freely admits it does not have the tools that will combat the affects of a fiscal cliff debacle. ben bernanke and his fed cohorts have done the job that congress should have been doing all along. if he had his way, it would not have been the fed doing so much to help this economy. it would have been our elected officials. the job that they're paid to do. he stepped in because he had to, not because he wanted to. now, the message is clear. the fed cannot fix washington's ineptitude this time, if they can't come to a compromise and make a deal. so, you sure can be sure
boy, i would think the fed and ben bernanke are rooting hard for that one. we saw how the market is moving on every single development out of washington, with stocks quickly coming off of their session lows today, just on the report that the two main players would finally get in the same room, look at each other eye to eye and talk this out. even with the fed's latest contortions yesterday, it freely admits it does not have the tools that will combat the affects of a fiscal cliff debacle. ben...
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Jun 7, 2012
06/12
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anyway, up next on "kudlow," let's go to ben bernanke. he says all the options are on the table when it comes to the u.s. economy, but the message from congress today was loud and clear -- less is more. take a listen. >> i wish you would take a third round off the table. i wish you would look the market in the eye and say, the fed has done all it can, perhaps too much. i wish you'd look at this president in congress in the eye and say, it is time to do your job. >> all right. well, the man who helped bernanke's feet to the fire, that's the vice chairman of the joint economic committee kevin brady joins me, next up. [ woman ] for the london olympic games, our town had a "brilliant" idea. support team usa and show our olympic spirit right in our own backyard. so we combined our citi thankyou points to make it happen. tom chipped in 10,000 points. karen kicked in 20,000. and by pooling more thankyou points from folks all over town, we were able to watch team usa... [ cheering ] in true london fashion. [ male announcer ] now citi thankyou vis
anyway, up next on "kudlow," let's go to ben bernanke. he says all the options are on the table when it comes to the u.s. economy, but the message from congress today was loud and clear -- less is more. take a listen. >> i wish you would take a third round off the table. i wish you would look the market in the eye and say, the fed has done all it can, perhaps too much. i wish you'd look at this president in congress in the eye and say, it is time to do your job. >> all...
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Dec 21, 2012
12/12
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CNBC
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it seems like ben bernanke has given us the opportunity in 2012 and 2011 to put money into stocks or money into homes. housing showing some very good -- is that the play going into 2013, as well? >> yeah, i think so. i think the play is to go where nobody is betting. just like nobody was betting on rocky in rocky i. we still have a few more stories to go here. >> consider a little japan as we mentioned dwrerl and consider some gold and some gold mining stocks that have lagged. this will be a time, if you don't have any gold, if you get some day moving back to replace flagz and inflation, that's the gold and the gold mining stocks. >> thank you very much. >> thanks, david. thanks, michael. good to see you both. >>> we're in the final stretch, about 15 minutes before the close of the week. >> investors getting worried about congress not reaching a deal on the fiscal cliff. we'll find out if there's any chance of a compromise, straight ahead. >>> and you missed quite an interview yesterday. are you prepared to put that on the table? >> no. >> are you prepared to put on the table the mor
it seems like ben bernanke has given us the opportunity in 2012 and 2011 to put money into stocks or money into homes. housing showing some very good -- is that the play going into 2013, as well? >> yeah, i think so. i think the play is to go where nobody is betting. just like nobody was betting on rocky in rocky i. we still have a few more stories to go here. >> consider a little japan as we mentioned dwrerl and consider some gold and some gold mining stocks that have lagged. this...
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Dec 13, 2012
12/12
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KPIX
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thank you, susan. >>> ben bernanke also had big news for investors. the feds taking unprecedented action in keeping interest rates at their record-low levels. erica ferrari is here in new york with that. erica, good morning to you. >> good morning, terrell. for the first time ever, the fed said they would link its actions to specific economic milestones. they said they'll keep the interest rate to 0% until the unemployment rate falls to below 6.5%. the jobless rate may not reach that point until 2015. it's at 7.7% now. rates will also stay low as long as inflation remains below 2.5%. the fed will continue its program of spending $85 billion a month on bond purchases. all of these steps are aimed at spurring borrowing and lending. and news from the federallied most asian markets. tokyo's nikkei added 1.5%. hong kong's hang seng lost a quarter percent. the dow lost nearly 3 points. the nasdaq was down 8. and the u.s. is on track to run up its fifth straight deficit or manufacture than a trillion dollars. the treasury department says the budget gap rose
thank you, susan. >>> ben bernanke also had big news for investors. the feds taking unprecedented action in keeping interest rates at their record-low levels. erica ferrari is here in new york with that. erica, good morning to you. >> good morning, terrell. for the first time ever, the fed said they would link its actions to specific economic milestones. they said they'll keep the interest rate to 0% until the unemployment rate falls to below 6.5%. the jobless rate may not reach...
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Dec 13, 2012
12/12
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it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purc
it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying...
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Dec 14, 2012
12/12
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ben bernanke, two and a half percent inflation is the new target. six and a half% unemployment. did you ever think you'd hear the fed chairman said monetary policy will now have a target of six and a half% unemployment rather than other indices and indicators? >> well, it was up pretty surprising move yesterday that they and ounces economic outcome based approach to policy rather than what they have been doing, telling you that rates will remain low until mid 2015. they have been moving in this direction, but the timing was a little bit surprising that they announce there already going to go that route. lou: a band-aid on the fiscal cliff, just enough to take off the front page of the newspapers in the first segments of broadcasts. is that enough to up in sure public perception and let the economy and 2013 roll on positively? >> we will see. so far the consumer has just last week began airport from the university of michigan that said that this will cliff is really worrying consumers ahead of this important holiday shopping season. so is the market's portion of politicians in wa
ben bernanke, two and a half percent inflation is the new target. six and a half% unemployment. did you ever think you'd hear the fed chairman said monetary policy will now have a target of six and a half% unemployment rather than other indices and indicators? >> well, it was up pretty surprising move yesterday that they and ounces economic outcome based approach to policy rather than what they have been doing, telling you that rates will remain low until mid 2015. they have been moving...
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Dec 18, 2012
12/12
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FBC
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liz: do you thank ben bernanke? >> i do. i think he has done a fabulous job making sure the economy --. david: although he has been hurting savers. interest rates are so low people on fixed income are not getting any kind of return. which leads me to wonder whether a lot of them are actually buying real estate as an investment. do you see more investment-related real estate right now? >> not on the new home front but a helpful phenomenon on the existing home resale. foreclosures and short sales, we are seeing some investors there that are buying, both mom-and-pop investors and sophisticated hedge fund money and private equity money. buying the foreclosed homes and then turning them around and renting them and taking a long term perspective. not a flip. i think that has been helpful to the overall market. david: ara hovnanian. if you listen this buy a year ago when he came on the stock would be doing well you would have made 350%. congratulations. >> hopefully more to come. liz: happy holidays for the new year. >> thank you.
liz: do you thank ben bernanke? >> i do. i think he has done a fabulous job making sure the economy --. david: although he has been hurting savers. interest rates are so low people on fixed income are not getting any kind of return. which leads me to wonder whether a lot of them are actually buying real estate as an investment. do you see more investment-related real estate right now? >> not on the new home front but a helpful phenomenon on the existing home resale. foreclosures and...
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Dec 9, 2012
12/12
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WBAL
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bernanke. wednesday is his birthday. happy birthday, mr. chairman. retail sales report out on wednesday as is the first of two with inflation indicators the producer price index that tracks prices at the wholesale level followed up on friday with the consumer price index which follows. >>> finally, if you are on this list it doesn't death set you apart. professional networking site released the overused buzz words on user profiles. they are so often used they lose significance with hiring managers. analyzing 187 million profiles around the globe, linkedin found create zif the top offender in the united states as well as seven other countries. rounding out the top five, organizational, effective, motivated and extensive experience. using buzz words in an effort to land your dream gig can be a buzz kill. just fyi. thank you for joining us. my guest next week grover norquist. we will get an update on where we stand on the fiscal cliff negotiation. each week keep it here where wall street meets mai
bernanke. wednesday is his birthday. happy birthday, mr. chairman. retail sales report out on wednesday as is the first of two with inflation indicators the producer price index that tracks prices at the wholesale level followed up on friday with the consumer price index which follows. >>> finally, if you are on this list it doesn't death set you apart. professional networking site released the overused buzz words on user profiles. they are so often used they lose significance with...
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Dec 13, 2012
12/12
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but it certainly could give a shock to the economy. >> ben bernanke saying he's out of their suitcase and he's got nothing left, right? is that he's basically saying? >> he said this could be going on for years and years to come. what you have is a maximum amount of stimulus. and that is being financed by enormous amount of financing. tracy: that's something we have to talk more about. it could be very ugly enough the end of the day, it could be very interesting. all right, do you think we are headed off the fiscal cliff? let us know. give us an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", tax dollars have bailed out these workers. we have the shocking findings of a new report coming up next. also, for those fed up with apple's disaster mapping system, google maps is back in business for your iphone. details coming up later. also, they say no news is good news. but this you will definitely want to hear. new evidence of obamacare doing more harm than good to your bottom-line. we will have the latest and we are on the case next in "the willis report." speed. tr
but it certainly could give a shock to the economy. >> ben bernanke saying he's out of their suitcase and he's got nothing left, right? is that he's basically saying? >> he said this could be going on for years and years to come. what you have is a maximum amount of stimulus. and that is being financed by enormous amount of financing. tracy: that's something we have to talk more about. it could be very ugly enough the end of the day, it could be very interesting. all right, do you...
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Nov 20, 2012
11/12
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of remarks. >> ben bernanke before the economic club. steve liesman will join must a moment. let's bring in tyler mathisen and bob pisani. the fed chairman went into fed policy, the looming fiscal cliff and the recovery, said the economic recovery was continuing and largely positive about the direction of housing. i want to focus with you though on the fiscal cliff, because he centered on that and he did say that it poses substantial risks to the economy. in fact, it's already hurting. this was a fed chairman saying don't look to me to fix the fiscal cliff, rise above and solve it. >> could have been wearing one of our buttons in part of our speech today. he really basically said get your act together t is up to congress and the white house and the administration to hit the right balance between budgetary restraint in the long run and a do no harm policy to the economy in the short run. and he was absolutely crystal clear in his answers to one of the last questions there, scott, that if congress and the white house can't come together an
of remarks. >> ben bernanke before the economic club. steve liesman will join must a moment. let's bring in tyler mathisen and bob pisani. the fed chairman went into fed policy, the looming fiscal cliff and the recovery, said the economic recovery was continuing and largely positive about the direction of housing. i want to focus with you though on the fiscal cliff, because he centered on that and he did say that it poses substantial risks to the economy. in fact, it's already hurting....
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Dec 10, 2012
12/12
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we know ben bernanke has been. warning us for months. the fed is doing everything it possibly can to pointing the finger at washington that it has to do more. do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with economy likely to go under recession. the fed can help out somewhat but if we see those spending cuts and tax increases, we're likely to see it go back and ino recession. lori: purchasing the short-term, we invest in the long-term help in the mortgage market. we have seen a real those haitian, is it fair to say it has helped those housing in the economy? >> absolutely. housing prices are start to increase. bu
we know ben bernanke has been. warning us for months. the fed is doing everything it possibly can to pointing the finger at washington that it has to do more. do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an...
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Nov 26, 2012
11/12
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these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank you very much. good to see you. back to you. liz: next we take you into the future find out the news moving the market tomorrow. plus, 12 drummers drumming, what will that run you? you don't want to know. wait until you hear how much all 12 days of christmas will cost you. a pretty penny. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i rlly need is sleep. introducing the ishares core building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. is
these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank...
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Nov 20, 2012
11/12
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see you in 15 minutes we have more now on ben bernanke. he says the fiscal cliff outcome will make-or-break the economy in 2013. peter barnes is in washington with more. peter, i mean, it's more idle talk, though; right? we are not seeing any action. peter: well, he's trying to push all the politicians down here to action with these warnings, tracy, no doubt about it. he did say that depending on the outcome, he is prepared to help provide more assistance to the economy, more monetary easing, potentially in the form of additional quantitative easing, expanding qe 3, making it bigger, but he says that what the economy really needs is a fix to the fiscal cliff. he says that's causing a lot of uncertainty out there along with europe. but he said the fiscal cliff problem is especially causing uncertainty and said quote, it seems to be weighing on spending decisions of households and businesses as well as on financial conditions. so he said the politicians in here could help to strengthen the recovery significantly if they avoid the cliff, but
see you in 15 minutes we have more now on ben bernanke. he says the fiscal cliff outcome will make-or-break the economy in 2013. peter barnes is in washington with more. peter, i mean, it's more idle talk, though; right? we are not seeing any action. peter: well, he's trying to push all the politicians down here to action with these warnings, tracy, no doubt about it. he did say that depending on the outcome, he is prepared to help provide more assistance to the economy, more monetary easing,...